The 25-year-old has started the 2016/17 campaign in fine form, bagging six goals in just three games.

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Paul Pogba - Chantel Jeffries (Rumoured)

And Wenger was believed to be keen on recruiting him as a more reliable alternative to hit-and-miss Gunners forward Olivier Giroud.

Starsport understands the veteran Frenchman had a £29.3m bid turned down by his current club this summer, having kept tabs on him for a number of years.

It now seems Lyon are hoping to tie him down for the long-term future.

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WANTED: Alexandre Lacazette has been on Arsene Wenger's radar for some time

According to L’Equipe, the Ligue 1 side's president Jean-Michel Aulas has sanctioned an £85,000-a-week deal for Lacazette - a salary which would make him the club’s highest paid player.

There would also be a hefty release clause included in the supposed agreement, estimated at £59m.

And although Gunners gaffer Wenger has previously stated money is no object when it comes to recruiting his top targets, he would have to smash his previous record £42.5m outlay on Mesut Ozil in order to secure Lacazette’s services.